Nomad Foods
NOMD
155 hedge funds and large institutions have $1.84B invested in Nomad Foods in 2017 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 13 closing their positions.
238% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 13
25% more funds holding
Funds holding: 124 → 155 (+31)
21% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 43
3% less capital invested
Capital invested by funds: $1.9B → $1.84B (-$64M)
2.68% less ownership
Funds ownership: 75.53% → 72.85% (-2.7%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$122M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$60.5M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$59.8M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$27M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
-$470M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$25.8M |
| 3 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$24.7M |
| 4 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
-$19.5M |
| 5 |
CM
Corvex Management
New York
|
-$17.3M |
NOMD Hedge Fund Activity: Q3 2017 in Review
155 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Nomad Foods (NOMD) for Q3 2017, worth a combined $1.84B — down 3.4% from $1.9B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new NOMD positions and 13 closed out — a net gain of 31 holders — while 52 added to existing stakes and 43 trimmed.
The largest buyer was Elliott Management, adding an estimated $122M. The largest seller was Pershing Square Capital Management, exiting entirely with an estimated $470M sold.
- 155 institutional investors held Nomad Foods (NOMD) as of Q3 2017, up from 124 in Q2 2017.
- Funds reported $1.84B of Nomad Foods stock for Q3 2017, down 3.4% quarter-over-quarter.
- 44 funds opened new Nomad Foods positions in Q3 2017 and 13 closed out, a net change of +31 holders.
- The largest Nomad Foods buyer in Q3 2017 was Elliott Management, an estimated $122M added.
- The largest Nomad Foods seller in Q3 2017 was Pershing Square Capital Management, an estimated $470M sold.
Based on aggregated 13F filings for Q3 2017.